IMO 2020: Global sulphur cap is reduced from 3.50% to 0.50%
The IMO (International Maritime Organization) implemented a global sulphur limit of 0.5% as from 1st January 2020.
The new regulation affects all bunker grades.
Shipowners/Charterer have to decide whether they install scrubbers on board of their vessels in order to continue to burn HSFO (High Sulphur Fuel Oil) sulphur <3.50%. They can switch to VLSFO (Very Low Sulphur Fuel Oil) sulphur <0.50% or using Distillate like LSMGO (Low Sulphur Marine Gasoil) sulphur <0.10%.
VLSFO is already available at all main bunker hubs and spot bunker ports like ARA, Baltic, Brazil (Petrobras), Caribbean, China & Hong Kong, Fujairah, Gibraltar/Algeciras/Ceuta, Houston, Istanbul, Malta, NWE (Northwest Europe), Panama (Balboa & Cristobal), Piraeus, Russia incl. Black Sea, Singapore and South Africa (Cape Town, Durban & Richards Bay).
Specifications are available upon request.
Please do not hesitate to contact us if you have any questions about the new IMO 2020 regulations!